Prepare a classified balance sheet. Assume $15,504 of the note payable will be paid in 2023. List current assets in order of liquidity and property, plant, and equipment in order of land, buildings, and equipment.

Property, Plant and Equipment Total Liabilities and Stockholders' Equity Stockholders' Equity Total Long-Term Liabilities Current Liabilities Total Property, Plant and Equipment Total Assets Long-Term Investments Total Current Liabilities Long-Term Liabilities Total Liabilities Total Current Assets Intangible Assets Total Long-Term Investments Current Assets Total Intangible Assets Total Stockholders' Equity

These items are taken from the financial statements of Sheridan Company at December 31, 2022